Difference Between Closed(1) and Close[1]

[sevensa 10]

Hi All

 

I am trying to plot a simple Relative Strength indicator in EL. When I plot RSVal based on the following code:

 

if c/closed(1)>(c of data2/(closed(1) of data2))then RSVal=1;

if c/closed(1)<(c of data2/(closed(1) of data2))then RSVal=-1;

 

I get different results than when I plot if based on the following code:

 

if c/close[1]>(c of data2/(close[1] of data2))then RSVal=1;

if c/close[1]<(c of data2/(close[1] of data2))then RSVal=-1;

 

I thought that closed(1) and close[1] would be the same? I guess not? Can someone please tell me what the differences are?

 

Regards

- Fanus

[Blu-Ray 10]

CloseD - Assigns the Close of the previous day on an intraday chart, whereas close[1] is the close of 1 bar ago.

 

Hope this helps

 

Blu-Ray

[sevensa 10]

Ok, this makes sense. Thank you for the quick response.

 

- Fanus